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Official Online Payment Source Thread!

Many of the members of the community, moderators included, have been expressing frustration at PayPal for a long time. If you haven't heard about their latest PR/TOS snafu, check here for the "resolution" PayPal gave: http://www.regretsy.com/2011/12/06/sooner-or-later-youll-pay-pal/

Since there are so many online payment options out there, we are asking the members to help us organize them all into one easy to read post. Please use the following form to make an entry, and only one service per comment, please!:

1. Name of Service:
2. URL:
3. Countries Supported:
5. Payments Accepted from Customers:
6. Method of Payment to Account Holder:
7. Ease of Setup:
8. Pros:
9. Cons:
10. Associated Fees:

Please check the comments before you commentate on a specific payment option website. It may have already been covered! So instead of repeat entries for one specific site or service, please simply add on to the comment chain with your own information, experiences with the service and any questions you may have regarding it.

This is to keep the post tidy and easy to reference for all of the options at our disposal.
Artist's beware has moved!
Do NOT repost your old bewares. They are being archived.
https://artistsbeware.info/

Comments

( 39 comments — Leave a comment )
sigilgoat
Dec. 7th, 2011 06:34 pm (UTC)
1. Name of Service: PayPal
2. URL: http://www.paypal.com
3. Countries Supported: International
5. Payments Accepted from Customers: Credit Card, Paypal Balance, E-Check
6. Method of Payment to Account Holder: Direct Deposit, Check, Debit Card
7. Ease of Setup: Very easy, though sensitive information is needed for best ease of access.
8. Pros: Quick, easy to use, widely accepted.
9. Cons: Foggy TOS has caused a lot of problems. PayPal can freeze your account with any amount of funds at their discretion. Payments for Adult merchandise are not accepted.
cappucola
Dec. 7th, 2011 11:12 pm (UTC)
It was found that paypal is OK with drawn adult merchandise (in this case for us, art) so long as it isn't bestiality or underaged characters. (basically if it's illegal, it's a no no) I am pretty sure anthro is safe by paypal at the moment unless they decide to get off the fence.

If this isn't right anymore though, do correct me. but I did get this from someone who had written a journal saying "I emailed paypal and they told me this"
(no subject) - sigilgoat - Dec. 8th, 2011 12:44 am (UTC) - Expand
(no subject) - cappucola - Dec. 8th, 2011 01:21 am (UTC) - Expand
(no subject) - sigilgoat - Dec. 8th, 2011 01:34 am (UTC) - Expand
(no subject) - cappucola - Dec. 8th, 2011 01:50 am (UTC) - Expand
(Deleted comment)
(no subject) - cappucola - Dec. 8th, 2011 10:22 pm (UTC) - Expand
(no subject) - sigilgoat - Dec. 8th, 2011 01:33 am (UTC) - Expand
(Deleted comment)
latiro
Dec. 8th, 2011 05:59 am (UTC)
I was about to use AlertPay almost immediately after verifying my account, but I was disappointed to see that Visa and MasterCard weren't working
(no subject) - fenris_lorsrai - Dec. 7th, 2011 08:41 pm (UTC) - Expand
(no subject) - fenris_lorsrai - Dec. 7th, 2011 08:56 pm (UTC) - Expand
sigilgoat
Dec. 7th, 2011 09:03 pm (UTC)
Re: BITCOIN
You can also set up your home computer(s) to help Bitcoin compile data, which then makes you bitcoins.

My husband did that for a while to trade them in for Linden currency on Second Life.
Re: BITCOIN - petercat - Dec. 8th, 2011 06:23 am (UTC) - Expand
Re: BITCOIN - sigilgoat - Dec. 8th, 2011 06:24 am (UTC) - Expand
Re: BITCOIN - fatkraken - Dec. 7th, 2011 11:35 pm (UTC) - Expand
(no subject) - fenris_lorsrai - Dec. 7th, 2011 11:45 pm (UTC) - Expand
Re: BITCOIN - John FrostFox - Sep. 27th, 2018 01:38 pm (UTC) - Expand
Re: BITCOIN - celestinaketzia - Sep. 27th, 2018 06:35 pm (UTC) - Expand
draike
Dec. 7th, 2011 09:04 pm (UTC)
1. Name of Service: Google Checkout
2. URL: http://checkout.google.com
3. Countries Supported: U.S. and U.K. only for merchants, international for buyers.
5. Payments Accepted from Customers: Credit or debit cards only.
6. Method of Payment to Account Holder: Direct deposit to a bank account.
7. Ease of Setup: Easy. SSN required for US residents if you don't want to have a monthly payout limit on your account. I signed up today and didn't have to pass any extra security checks. I was ready to go in the 5-10 minutes it took to sign up.
8. Pros: TOS is well-written and easy to understand. Fees are no worse than what PayPal charges. Their store gadget is nice bonus too if you'd like to make your own storefront, and integrates with AdWords if you use that.
9. Cons: Payments for Adult merchandise are not accepted. Limited to sellers in the U.S. and U.K, and limited to buyers who have credit or debit cards.

May not be ideal for taking commission work based on the shopping cart setup, but excellent for selling physical items if you have an inventory. Lots of options for different levels of business.

Edited at 2011-12-07 09:05 pm (UTC)
oxlilliumxo
Dec. 9th, 2011 10:59 pm (UTC)
I took a few payments for art through Google Checkout recently. A couple days later, they flagged my account because I didn't put enough information on what I was selling in the email invoice.

Now they're asking me to provide a business website, a copy of my business license (which I have come to understand that I don't need in my state in order to do business, since we don't have sales tax), a copy of my driver's license, etc.

When I signed up, they had the option to select "I don't have a website," but it turns out they require you to have one if you don't want your account shut down. = 3=

I'm personally finding that it's a bit cumbersome to use. Once you get payment from someone, you have to charge the payment in order for it to actually pay you. Unlike Paypal, where you simply get the payment. And you have to go through a few clicks to even find out what your account balance is.

Now that they have Google Wallet, if I want to get to my Google Merchant account, I have to Google "Google Checkout" in order to get the right link. I can't seem to find the "Merchant" link from Google Wallet.

Basically, if you're not an actual business running from an actual website, then you might not want to bother with them. I hope this helps people decide whether to do business with them or not.
(no subject) - oxlilliumxo - Dec. 9th, 2011 11:02 pm (UTC) - Expand
(no subject) - fenris_lorsrai - Dec. 7th, 2011 09:16 pm (UTC) - Expand
(no subject) - fenris_lorsrai - Dec. 7th, 2011 10:36 pm (UTC) - Expand
(no subject) - fenris_lorsrai - Dec. 7th, 2011 10:57 pm (UTC) - Expand
(Deleted comment)
(no subject) - fenris_lorsrai - Dec. 7th, 2011 11:27 pm (UTC) - Expand
Re: DWOLLA - aggro_badger - Dec. 8th, 2011 12:30 am (UTC) - Expand
Re: DWOLLA - latiro - Dec. 8th, 2011 06:05 am (UTC) - Expand
fatkraken
Dec. 7th, 2011 11:46 pm (UTC)
I know this might not be applicable, mods may delete if inappropriate, but a good 2/3 of my cash comes in this way and I find it very convenient. It is an online method of moving money around, so I think it is relevant.

1. Name of Service: Direct bank transfer
2. URL: N/A
3. Countries Supported: UK (I am talking only about UK banks because they are what I know)
5. Payments Accepted from Customers: direct bank transfer, can be performed online or by phone if your account has that access, or in-branch if not
6. Method of Payment to Account Holder: Direct Transfer
7. Ease of Setup: middling to hard. Most accounts allow internet banking which will include the ability to make online transfers, but if this is not set up on your account it's a bit of a job since it may require you to go to the branch and receive paper mail to verify your address/identity. However since most people go to the bank fairly regularly anyway, adding this small chore to the list is not a big deal. Also, having internet banking is EXTREMELY useful for other reasons so there's no reason not to have it.
8. Pros: often instant (depending on bank). No charges even for large payments. No prohibitions or monitoring of goods/services. No middle man. It is the electronic equivalent of taking out paper money, giving it to someone and them paying it into their account. Direct payments into a business account make calculating tax at the end of the year very easy using bank statements
9. Cons: set up can be a faff. International payment may require other hoops and/or incur charges, I've never tried it. I don't know what kind of fraud protection is available, it will likely depend on the bank.
celestinaketzia
Dec. 7th, 2011 11:57 pm (UTC)
This can also be done in the US. The only downside is that my bank, Wells Fargo, makes you give your bank account number to the person sending.
(no subject) - fatkraken - Dec. 8th, 2011 12:01 am (UTC) - Expand
(Deleted comment)
(no subject) - shukivengeance - Dec. 8th, 2011 06:23 am (UTC) - Expand
(no subject) - petercat - Dec. 8th, 2011 06:26 am (UTC) - Expand
vellacraptor
Dec. 8th, 2011 01:18 am (UTC)
Just a note, add "Fees" to the section too maybe? I know it varies from site to site and some are just ridiculous. At least it'd be nice to be able to see them at a glace for quick comparison.

But awesome post! * U*
sigilgoat
Dec. 8th, 2011 01:32 am (UTC)
Ah yeah, that would be helpful! I'll add it in, and if anyone would like to amend their post, they can feel free.
(no subject) - fenris_lorsrai - Dec. 8th, 2011 03:35 am (UTC) - Expand
trimblecat
Dec. 12th, 2011 10:24 am (UTC)
1. Name of Service: Wepay
2. URL: https://www.wepay.com/
3. Countries Supported: It allows US citizens to accept payment from all countries (Fees may be charged on cards issuers discretion) but internationals can't accept payment using it. (In other words it's one way)
5. Payments Accepted from Customers: Bank and Credit
6. Method of Payment to Account Holder: It's held on wepay account until you draw it into your bank account. (1-2 business days)
7. Ease of Setup: Haven't actually tried it
8. Pros: Has a free online store set up, allows you to sell on your own website, can order a wepay debit card
9. Cons: People from outside the U.S can't accept money via a wepay account. It's sort of a one-way deal. No porn
10. Associated Fees: 3.5% or a 50 cent minimum (Credit card) or 50 cents flat for bank accounts for every item sold

I haven't actually signed up for it. I actually heard about these guys because they did a stunt by dropping a block of ice with hundreds of dollars frozen in it in front of Paypals office that said "Paypal freezes your money". I figured it'd be worth mentioning. I'm also not very savvy when it comes to technical stuff in the TOS so maybe someone should review it to make sure I didn't miss anything.
trimblecat
Dec. 12th, 2011 10:25 am (UTC)
for bank account payments* Sorry it's late at night.
(no subject) - sigilgoat - Feb. 26th, 2012 04:49 pm (UTC) - Expand
Jane Vakarian
Jun. 22nd, 2014 08:45 am (UTC)
I couldn't see it in here, so I wrote what I could down.

1. Name of Service: IMO (international money order)and MO (money order)

2. URL: none

3. Countries Supported: All I think?

5. Payments Accepted from Customers: Cash, card, credit etc.

6. Method of Payment to Account Holder: Direct deposit.

7. Ease of Setup: Pretty easy.

8. Pros: Easy to do.
GREAT for if you want to use in your own country.

9. Cons: You can ripped off if you don't trust the other person. That is, if they have the receipt still, they can cancel it and get their money back. That being said, you shouldn't start until you have the money, and shouldn't spend it until you finish.
It takes a while to posted depending on the distance it has to go too.
Needs an address or PO box, so there;s a privacy issue for some.

10. Associated Fees: It really depends on your country your in. I know where I am (Australia) it was going to cost me $15.00AUS to get $50.00US converted and put into my bank.

What you do is go to your bank or post office (where applicable, a google search will help) and put the amount of money onto the International money order. I put stress on the International part, otherwise, it wont be able to be used anywhere else apart from your country.
Then, put it in an envelope, and send it off to the address of the receiver.
Once you get it in the mail, take it to the bank you have, and they put it into your account with the fees minused.
If its regional, a post office is fine and they just deposit it or give you the cash with no fees.
( 39 comments — Leave a comment )

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